/biz/ - Business & Finance

>>29056773
2k by end of today

good luck frens

>>29056773
Pretty comfy. I'm bored af by all these newfags that propose easy solutions to complex problems. Can't wait for 2.0 just not to see any more of these streetsthitters on this board

>>29056773
I n-need 10k eth to make it bros

>>29057333
Blocks your path

>>29057700
ccp centralized piece of shit

nope, went up $40 from previous ATH, time to crab for a couple days

>>29057700
anon i wish you the best if you hold bnb and congrats on the gains but i'm here to celebrate my crabcoin. let us have our moment okay?

>>29056773
Institutions are FOMOing in.

>>29057976
>Institutions
>FOMO
Anon, I...

>>29057891
I hold both. However ETH has made me quite jaded. I hope it can prove me wrong. I’d love to see 10k ETH but that’s a trillion dollar mcap and with people fleeing due to gas idk if that’ll ever happen. I hope it does tho

>>29058598
Realise that it's the big boys (not retail investors that sometimes use gas) that are pumping this crabcoin now. Greyscale bought 350 million usd of eth the last two weeks. That's just Greyscale alone. Honestly if, and IF the gas fees won't get fixed it will still be a speculative asset. I predict that it will be the "silver" of bitcoin as a speculative asset/store of value

Easiest 5x this year.

>>29059475
The problem is ETH is cutting out a lot of the common man with 3 digit gas fees. Why only cater to the upper middle class and higher instead of everyone? I honestly see ETH getting passed by BNB before summer. Hope I wrong

seriously fuck biz i was going to put all my money into eth a week ago but you fags made me change my mind

>>29060360
Literally spoonfed to you
>>/biz/thread/S28901420

is too late to buy eth now? or will it do dip?

>>29058598

As soon as scaling is solved its going to get wild. Sharding already exists and is working perfectly on the testnet. They are in final QA testing now.

>>29059712
Obviously gas fees are a temporary problem, already solved. So you guys don't think weeks ahead at least?

>>29060729
No you should wait and get priced out more. Holy fuck how don't you guys have a bag from months ago? Actual retards on this board

Poor German here. Bought 8 ETH for 100€ in 2016. Still holding. Will I make it eventually? Need like 600k-700k€ for a medium sized condo

>>29060937
i do have big bag from months ago that i threw into shitcoins that x5ed and now i am decide to put back in either btc or eth

>>29061007
You should start yield farming. Wait till BAO is on xDai in March. Stake ETH with xSushi or something else very stable and appreciating. Enjoy your 1000% APY

>>29061072
Why not both? You should be yield farming too. You can pair WBTC with ETH. 300% APY, almost 1% a day

>>29061464
Gains from holding are tax-free in Germany. As soon as I stake or trade, I'll be taxed 25%, even on the stuff I'm holding. So staking probs not worth it

When are you guys cashing out? Thank you ETH for keeping me in the green despite the crash in 2017/2018 on shitcoins.

>>29057772
This lol, I hope biz isn't actually falling for this shit

>>29061784
That's rough brother but 25% may be the cost to pay if you want to 2-3x your stack trivially

>>29056773
Is 212 enough to make it and earn a decent passive income?

>>29062018
Are you asking if 400K of ETH is enough to make it?

>>29061887
Probably at 4000. Depends a bit on how far we are in the rainbow and RHODL chart
>>29059712
see >>29060776
But I hope so too anon. Glass is half full on my side

>>29061764
i thought it would be better to consolidate?

What do you mean pair WBTC with ETH?

>>29061887
>cashing out
What do you mean by this?

>>29059475
isnt gas only shit on contracts?

>>29060800
can i get a quick rundown on how gas fees are solved?
only thing i know of is EIP1559 but from what i've read it won't cause gas fees to go back to sane levels but instead just smooth out price spikes

>>29062400
Yield farming. Consolidation is better if not for rewards you get for providing liquidity with a pair of tokens. BAO is the best thing to farm right now. You will get a large APY in BAO just for holding a pair of tokens. BAO itself is going to 10x. If all you're doing is holding it's a no-brainer

I've been margin long since $600 and I have a sell order at $2000. Thinking of removing it. Should I? I'm getting thoroughly violated on rollover fees but I'm thinking it might spike violently after $2000.

>>29062431
Taking profits before a crash, which will happen eventually. Then buying back when things are at a low.

>>29062749
Projects are moving to L2 solutions. Everything you want to do with ethereum will soon involve cheap transactions. ETH2 is PoS, not PoW, so there won't be miner fees

>>29059475
>Greyscale bought 350 million usd of eth the last two weeks.
that cant be corr-

You're all going to be waiting a while.

>>29062749
No chains have "solved" gas fees yet with smart contracts. The problem isn't TPS. The problem is data bloat. Loading and storing data is expensive. All these networks skirt around the issue by claiming they're faster and cheaper when in actuality they just haven't been used much. They'll be just as overloaded as ETH is if they get as much use.

With that said, ETH2.0 is aiming to reduce these gas fees by introducing data sharding and minimizing the amount of data stored on L1. L2 is the real solution for today's gas problems though. EIP 1559 won't make gas cheaper, but it will make it more predictable so users don't over pay for gas.

>>29062831
Nah man. Real men stake that shit. Also stop posting asian qts. I don't want to jerk off today

>>29063527
There's no holding with Asian girls.

An obvious top. See you at $80

>>29063041
MOMMY

>>29063041
never underestimate big boy money
>>29062598
The expensive part is the contract interaction. But moving around coins from wallet to wallet costs gas too.

>>29064103
>>29064176
the crazy thing is they have $7 in btc for every $1 in eth
were they to do it according to marketcap it would be closer to 5:1
part of the reason I'm not selling

https://etherscan.io/address/0x00000000219ab540356cbb839cbe05303d7705fa

https://defipulse.com/

https://tokenview.com/en/Grayscale

combine for about 14 million eth

>>29062245
If ETH 2.0 gives like 4% interest rate, then I need to have atleast $2MM to stop wagecucking? So it needs a 5 x from here

>>29062749
L2
loopring has security guarantees equivalent to L1. you have to deposit there, but rollups guarantee you can exit even if validators go offline or become malicious
matic and xdai aren't as secure, they use bridges and are more akin to sidechains or hybrid sidechains; but they're still significantly more secure than a centralized chain like binance for example (nothing against the chink, just the one example you'll see shilled most often as an eth killer these days)
optimistic rollups should come online within the year. once/if uniswap makes the move to L2, dumb money will follow because the transition will be near seamless

>>29065047
i tried loopring and it seems like it would be okay for swing trading
but from what I saw most of the existing ETH/XXX Pairs had very low liquidity.
does loopring have any plans to do any sort of incentive program to try and bring more liquidity to the platform?

I'M GONNA COOOOOOOOOOOM

>>29064645
Jesus christ. Don't forget that Greyscale isn't the only player in the game. There are lots of other firms playing the same game.
https://dailyhodl.com/2021/02/15/coinshares-cso-reports-institutional-fomo-for-ethereum-175000000-entering-eth-related-products-in-just-one-week/

>>29065577
Yeah. They've got mining events happening right now. It's definitely a chicken and egg problem though. Users need liquidity and LPs need users. I put 50k into a pool just for shits and giggles but I'm pretty sure I'm getting fucked by IL

Nooooooooo

10% from six figure hell.

Seen so much about "ETH-killers" seems highly unlikely considering how deeply entrenched ethereum is in the no 2 spot. At the same time is it possible anything like dot/uni/avax/ada/algo will ever compete with eth?

Nooooo what's happening why is this shit dropping so hard reeeeeeeeeeeeee

This is never gonna reach its 10k target, is it?

>>29066952
yeah i thought about putting some money in to one of the smaller pools to help, but i worry about IL as well
would have been sort of nice if LRC had something similar to Bancor where they'd insure some of the potential loss to get people on-board

>>29067345
DOT has some real uses cases for power dapps. Heterogenous shards could be huge. Not dethrone ETH huge, but huge nonetheless.

I can't see the others doing much except for very niche projects.

>>29067608
What the fuck are you talking about, you degenerate dopamine fiend? It's up 5 percent today

>>29067912
That's what they want you to believe

>>29067895
thanks anon

>>29067747
ETH was $730 on January 1. it could still easily hit $10,000

>>29056773
I feel sorry for the no-ethers. Buy up so your not poor. Im making $2,300.00 a month in residual income on Ethereum alone due to staking. All other coins are shit coins... Fck ADA fck CZs chink coin, BSB

>>29069094
2300*12=27600
27600/.0733=376000
376000/1900=197
you have 6 or 7 staking nodes?

>>29061784
25%? Where are you from?

>>29056773
3k$ EOM

>>29056773
$3k next.

Looking forward to the subsequent alt pumps, not least, API3.

>>29069094
I'm using an exchange. I give em 15% to do the work for me.

>>29057171
I’m just tired of poorfag 16-year olds bitching about gas fees.

>>29067747
It won't, it'll reach 100k.

>>29070726
there will be a dip at some point to let the weekly rsi cool down, but the monthly and daily RSI's look like they could still keep running until definitely $2000 or perhaps $3000 before that happens

>>29070779
No false hope plz anon I can’t

>>29071243
Oooooooooooooooooooooooooo green ID confirms

i'm ready

>>29071803
A brown id. It's going to poop soon.

>>29072333
Blue ID - colour of the sea. Crabbing for the coming weeks confirmed.